Able Wealth Management LLC Acquires New Stake in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG)

Able Wealth Management LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 604 shares of the company’s stock, valued at approximately $50,000.

Other hedge funds have also added to or reduced their stakes in the company. MeadowBrook Investment Advisors LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth $25,000. Roble Belko & Company Inc bought a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth about $28,000. Tidemark LLC acquired a new position in Schwab U.S. Large-Cap Growth ETF during the fourth quarter worth approximately $28,000. WestHill Financial Advisors Inc. bought a new stake in Schwab U.S. Large-Cap Growth ETF in the third quarter valued at approximately $29,000. Finally, Thompson Investment Management Inc. acquired a new position in shares of Schwab U.S. Large-Cap Growth ETF during the 4th quarter worth approximately $32,000.

Schwab U.S. Large-Cap Growth ETF Price Performance

SCHG stock opened at $100.49 on Friday. Schwab U.S. Large-Cap Growth ETF has a one year low of $69.78 and a one year high of $100.50. The stock has a market cap of $29.39 billion, a price-to-earnings ratio of 39.82 and a beta of 1.25. The company has a fifty day moving average price of $93.41 and a two-hundred day moving average price of $89.09.

Schwab U.S. Large-Cap Growth ETF Profile

Schwab U.S. Large-Cap Growth ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Growth Total Stock Market Index (the Index). The Fund’s index includes the large-cap growth portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.